Cartier owner Richemont has agreed to sell Yoox Net-a-Porter to a German online retailer. The Swiss luxury company will swap the troubled e-commerce retailer for a 33 per cent stake in Mytheresa.

Richemont will also extend a €100m revolving credit facility to YNAP. This sale comes 10 months after a prior attempt to sell ...

Mytheresa's CEO says back-of-the-house integration of Yoox Net-a-porter will increase profitability and reduce complexities.

From MyTheresa's new acquisition, Jacob Elordi's Bottega Veneta campaign, and more lead today's chic news report.

Luxury group Richemont has reportedly agreed to sell its stake in luxury online retailer Yoox Net-a-Porter (YNAP) to online ...

Richemont has entered a binding agreement with Mytheresa for the acquisition of 100% of the share capital of Yoo-Net-A-Porter ...

Mytheresa will be acquiring Yoox Net-a-Porter (YNAP) from Swiss conglomerate Richemont. The equity deal will see Mytheresa ...

MYT Netherlands Parent B.V., also known as Mytheresa, stock is trading higher after it entered into a binding agreement with ...

Luxury e-tailer Mytheresa has successfully acquired the entirety of competing platform Yoox Net-a-Porter (YNAP) from its ...

Porter (YNAP) from its owner Richemont with a cash position of €555m (£465m) in exchange for shares in its business.

Mytheresa, Net-a-Porter and Mr Porter will form YNAP’s luxury division, while Yoox and The Outnet will be run separately, and ...

How will the geopolitical stories that have dominated 2024 continue to unfold? Plus: we reflect on the year since Hamas’s 7 ...